Costs in beginning work in process inventory was 4500 and 37800. The result is $6 per unit.
Costs in beginning work in process inventory was 4500 and 37800. Costs in beginning work in process inventory was $4,500 and $37,800 in costs were added during the period. If there are 7,050 equivalent units, the cost per equivalent unit under the weighted-average method is 5 $\square$ (Enter your answer as a whole number) Aug 11, 2025 · Work in Process (WIP) inventory represents products in various stages of completion within the production cycle. To calculate the cost per equivalent unit under the weighted-average method, you can use the followi Not the question you’re looking for? Post any question and get expert help quickly. Under the weighted-average method, if there are 7,050 equivalent units, what is the cost per equivalent unit? Given that the original costs in the beginning **work in process inventory **was $4,500, and that another $37,800 in costs were added throughout the period, the total cost is $42,300 ($4,500 + $37,800) for the period. This article explores the calculation of beginning WIP inventory, a key component in understanding a company’s financial position. Feb 8, 2022 · Under the weighted-average method, the cost per equivalent unit is calculated by dividing total costs ($4,500 in beginning inventory plus $37,800 in additional costs) by the number of equivalent units (7,050). The calculation is ($4,500 + $37,800) / 7,050 = $42,300 / 7,050 = $6. If there are 7,050 equivalent units, the cost per equivalent unit under the weighted-average method is $ $6, because 4,500 + 37800 / 7050. See an expert-written answer! We have an expert-written solution to this problem! This total cost is then divided by the total equivalent units to determine the cost per unit. If there a equivalent unit under the weighted-average method is $ (Enter your answer as a whole number) Need help? Review these concept Costs in beginning work in process inventory was $4,500 and $37,800 in costs were added during the period. hvvbh d9xtka wu2n olwa 9s8oua zgzx ycbilz qw0my 2qy blclg5